on news

footer news ticker

resources.

SUCCESSFUL PLACEMENT: CDS – CHIEF EXECUTIVE OFFICER

Jan 30, 2020 | Matt Mooney, Successful Placements

CDS Seizes TPM Market Opportunities with New CEO Steeped in Managed Services

EATONTOWN, N.J.– (BUSINESS WIRE) — CDS (Computer Data Source), a leading specialist provider of data center third-party maintenance (TPM) and high-end data storage for enterprises, named experienced IT industry executive Dan Newton as its new Chief Executive Officer.

With over 15 years of managed services and enterprise technology experience, Newton has delivered leading-edge IT solutions to some of the most recognized brands in the world. As CEO, Newton will focus on growing and diversifying CDS’ service offerings and customer base and fostering best-in-breed partnerships. His appointment as CEO follows New State Capital Partners acquiring a majority stake in CDS this past August.

“There is a tremendous amount of growth opportunity in the third-party maintenance services market as IT lifecycle management becomes a top-line priority for businesses,” said Steve Larned, Senior Principal of New State Capital Partners. “Dan’s experience working with SMB’s to Fortune 100 businesses and his understanding of the entire data center ecosystem – from servers to storage, networking, and software and cloud strategies – directly answers the needs of our customers. His experience and leadership will help guide CDS into its next phase of delivering solutions that help enterprises optimize their infrastructure and get the most value out of their data center.”

Newton joins CDS from HiveIO, a developer of intelligent virtualization technology, where he served as CEO. Prior to HiveIO, Newton was Chief Operating Officer for the managed services company Datapipe, supporting customers globally in over 20 data centers and across private and public cloud solutions. Datapipe was acquired by Rackspace, where Newton served as GM and SVP of Service Delivery. Newton has also held key leadership roles with Dell and Perot Systems.

“I am very excited to join CDS and its incredible leadership team,” said Dan Newton, CEO of CDS. “In addition to CDS’ impressive mix of enterprise-level data center system expertise, support, and global delivery capabilities, they have fostered industry-leading partnerships that drive value for customers. As the TPM market grows in value, we have a unique opportunity to deliver world-class service to global customers and to push the envelope with new, differentiated services.”

ON Partners and partner Matt Mooney are proud to have partnered with CDS and Dan Newton on this successful placement.

Read the full press release from CDS published on Business Wire.

ABOUT CDS

CDS is a market-leading provider of mission-critical data center hardware maintenance and support for high-end storage and service equipment. CDS offers post-warranty support services primarily through OEMs and Channel Partners, servicing a diversified customer base throughout the U.S., U.K., Canada, Germany and Australia. The company’s maintenance and support services are designed to extend the useful life of its clients’ hardware, further increasing return on investment for these systems. CDS employs highly skilled, industry-certified engineers and dedicated account managers and partners globally. The Company currently services 150+ clients and works with 75+ channel partners that also operate as clients with significant IT infrastructure, diverse maintenance needs and cost containment requirements. https://www.cds.net/

ABOUT ON PARTNERS

ON Partners propels an organization’s mission by building C-level and board leadership teams. Founded in 2006 by like-minded consultants as a values-driven alternative to the multi-service global firms they were leaving behind, ON delivers a better executive search experience. The firm has been named to the Inc. 500/5000 Lists six times, was named to the Inc. 5000 Hall of Fame in 2018 and is consistently ranked among the top 20 retained executive search firms in the U.S. For more information, see our results here.

Follow our work, updates and recent success on Twitter and Linked In.

Find our related successful placements of leading executives here.

Archives

+

connect with ON.

Bring ON executive search insights!
Sign up to receive thought leadership pieces, ON in the news, recent placements, quarterly updates and more.

ON resources.

ON in the news

THE EVOLVING PRIVATE EQUITY RECRUITING MARKET

Published in Hunt Scanlon Media's Private Equity Recruiting Report 2020. Jeff Hocking is a partner at ON Partners with over 20 years of search experience. Previously head of the North American technology practice at Korn Ferry, he serves private equity and major...

RANKED ONE OF THE MOST PROMINENT RECRUITING FIRMS IN NEW YORK

ON Partners named on Hunt Scanlon’s annual roundup of the 60 most prominent executive search firms in New York. Connect With ON October 2020 - ON Partners, the experience-driven retained executive search firm, is proud to be named to the New York Power 60 list...

ON successful placements

SUCCESSFUL PLACEMENT: NEW WAVE DV – PRESIDENT

New Wave Design and Verification Appoints New President Connect With ON  (GLOBE NEWSWIRE) -- New Wave Design and Verification (New Wave DV), a leading provider of high-performance digital electronic interface solutions for the Defense/Aerospace market, is proud to...

SUCCESSFUL PLACEMENT: SOLARWINDS- VP, NORTH AMERICAN SALES

SolarWinds Appoints Jared Thomas to Vice President, North American Sales Connect With ON  SolarWinds (NYSE:SWI), a leading provider of powerful and affordable IT management software, has appointed Jared Thomas to Vice President, North American Sales. Jared Thomas...

a better experience gets recognized.

ON Partners named to the Weatherhead 100 Case Western University annual ranking of the region’s fastest growing companies
ON Partners named by Boston Business Journal’s Largest Executive Search Firms and Minneapolis/St. Paul Business Journal’s Twin Cities Largest Executive Search Firms
ON Partners six time Inc. winner by being name to the Inc. 500/5000 Lists and to the Inc. 5000 Hall of Fame
Hunt Scanlon names ON Partners executive search firm to the Private Equity Recruiting Power 75 list
Business Insider ON Partners Executive Recruiters
Fortune ON Partners Executive Search
Fast Company ON Partners Executive Search Consultants
ON Partners named by Forbes as one of America’s Best Executive Recruiting Firms

ANNAPOLIS • ATLANTA • BOSTON • CLEVELAND • DALLAS • MENLO PARK • MINNEAPOLIS • NEW YORK • SAN FRANCISCO

© Copyright 2019 On Partners. All Rights Reserved.